“EPFO Eases Claim Procedures: No More Mandatory Document Uploads”

In a bid to expedite claim settlements and minimize rejections stemming from incomplete documentation, a significant update has been introduced by the Employees’ Provident Fund Organization (EPFO). Henceforth, certain eligible cases will no longer mandate the uploading of check leaf images or attested bank passbooks during online claim submissions.

“Record High Distribution: EPFO Recommends 8.25% Interest Rate for FY2023-24”

The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organization (EPFO) has proposed an 8.25% annual interest rate for the financial year 2023–24. The recommendation came during the 235th meeting of the Board held on February 10, 2024, in Delhi, chaired by the Union Minister for Labour and Employment and Environment, Forestry, and Climate Change.

Mitigating Heat Stress: Municipal Commissioner’s Directive

Amid escalating heat wave conditions, Municipal Commissioner’s Circular No. 12 of 2024-2025 introduces measures to safeguard outdoor workers of the WBUES. Effective immediately until May 31, 2024, employees shall refrain from outdoor duties between 10:00 a.m. and 4:00 p.m.

Minimum Wages in India

The Indian Constitution defines ‘Minimum Wage’ as the income level necessary for both skilled and unskilled workers to maintain a satisfactory standard of living and experience comfort. The minimum wage aims to achieve sustainable continuous growth while ensuring the minimum required level of employment. Its primary objective is to prevent labor exploitation. Minimum Wage in […]